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Payouts will begin on March 10 and will be made in both BTC and fiat. As of now, the applicants will receive about a fifth of the claim amount.
For 2019, the exchange balance was 142 thousand BTC ($3.3 billion), 143 thousand BCH ($19 million) and $510 million in Japanese yen.
It must be said that the situation with Mt.Gox was so hopeless that many investors perceived the receipt of their coins as a gift from the gods. In addition, bitcoins were lost at a completely different price.
Adam Beck, CEO of lending company Blockstream, says:
“I pretty much wrote off the bitcoins I had on Mt.Gox as a loss. So philosophically, whatever I get now is a cold storage bonus.”
Lending protocol Everlend Finance has announced that it has ceased operations. The reason is simple: a lack of liquidity.
The codebase is left open-sourced by the developers so that others can continue working on the project.
However, the team also maintains that Everlend is a fantastic product that will eventually be very convenient, and that Solana is the most effective network for its implementation.
The app is now in withdrawal-only mode
Tether's (USDT) chief technology officer Paolo Ardoino claims that the project never received loans from the bankrupt lending platform Celsius.
His response came in the aftermath of Celsius' bankruptcy report, in which Tether was listed as "infected" alongside 3AC and Alameda Research.
User, get your USDT back before you blow it all on shitcoins! 










